Indices of world markets were sharply fallen in the end of July because investors have introduced high duties on imports from those countries to 1. Augusta did not achieve a trade agreement.
At Wall Street, Dow Jones sank 2.9 percent last week, at 43,588 points, while S & P 500 slipped 2.4 percent, to 6,238 points, and the NASDAQ index 2.2 percent, at 20,650 points.
The index decline is mostly due to the insecurity of the U.S. Donald Trump on Thursday, the U.S. of 10 to 50 percent to imports from those Washington until 1. Augusta did not achieve the trade agreement, seebiz.
Among others, the imports from India will be charged from 25 percent, Thailand 19, Switzerland 39 percent … Trump has also increased customs to import certain products from Canada from 25 to 35 percent.
The Trump Decision is expected to be expected about whether to agree to the extension of negotiations with China, or will increase customs duties from the second largest world economy.
The introduction of customs will certainly increase the revenues of the US Federal Budget, but also likely to strengthen the inflation pressures.
